1625 Center Way S
BirminghamAL35205
Cheap Homes for Rent in Homewood, AL from $700 (44 Rentals)
Search the lowest-cost Homes available for rent right now in Homewood.
408 Tuscaloosa Ave
BirminghamAL35211
412 Tuscaloosa Ave
BirminghamAL35211
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$7951 Bedroom Apartments Available Now
2410 Arlington Crescent
2410 Arlington CrescentBirmingham, AL 35205
1782 McMillon Ave
BirminghamAL35211
249 Gloria Rd SW
BirminghamAL35211
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$8952 Bedroom Apartments Available Now
1100 Cotton Ave SW
1100 Cotton Ave SWBirmingham, AL 35211
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$9752 Bedroom Apartments Available Now
1021 McMillon Ave
1021 McMillon AveBirmingham, AL 35211
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.
1213 16th Pl SW
BirminghamAL35211
3350 Altamont Rd, Unit E11
3350 Altamont Rd
BirminghamAL35205
1541 17th Pl S
BirminghamAL35205
1502 16th Ave S
BirminghamAL35205
55 Hanover Cir
BirminghamAL35205
2990 Rhodes Cir S
BirminghamAL35205
25 10th Ave SW
BirminghamAL35211
1137 15th Pl SW
BirminghamAL35211
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.
1746 Center St S
BirminghamAL35205
1709 1st St S
BirminghamAL35205
417 Skyview Dr
BirminghamAL35209
57 Hanover Cir
BirminghamAL35205
1252 18th Pl SW
BirminghamAL35211
1006 Broadway St
BirminghamAL35209
12 4th Ave S
BirminghamAL35205
1537 18th St SW
BirminghamAL35211
Birmingham Neighborhood Breakdown: Where to Find the Cheapest Rent Without Sacrificing Livability
A Local Experts Guide to The Best Affordable Neighborhoods in the Birmingham, AL area for affordable living. Find your perfect Birmingham apartment, condo, or rental home today at ApartmentHomeliving.com
2312 Center Pl S
BirminghamAL35205
1730 Valley Ave
HomewoodAL35209
112 Kappa Ave S
BirminghamAL35205
811 17th St SW
BirminghamAL35211
1501 21st St SW
BirminghamAL35211
1520 17th Way SW
BirminghamAL35211
1627 Center Way S
BirminghamAL35205
1120 Beacon Pkwy E
BirminghamAL35209
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
1909 16th Ave S, Unit D
1909 16th Ave S
BirminghamAL35205
856 Center Way SW
BirminghamAL35211
1849 3rd Pl SW
BirminghamAL35211
505 Woodland Vlg
BirminghamAL35216
1720 University Blvd
BirminghamAL35233
1501 Princeton Ave SW
BirminghamAL35211
1208 34th St S
BirminghamAL35205
1737 Boise Ave SW
BirminghamAL35211
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
2519 Hawksbury Ln
HooverAL35226
1217 Fulton Ave SW
BirminghamAL35211
1834 MONTCLAIR LANE C
HooverAL35216
2809 13th Ave S
BirminghamAL35205
Showing Results 1-44, Page 1 of 1
Homewood, AL Local Guide
How much does it cost to rent a home in Homewood?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Homewood 2 Bedroom Homes for Rent | $1,739 | $750 | $5,000 |
| Homewood 3 Bedroom Homes for Rent | $2,007 | $825 | $4,700 |
| Homewood 4 Bedroom Homes for Rent | $2,189 | $1,250 | $4,300 |
| Homewood 5 Bedroom Homes for Rent | $1,399 | $1,399 | $1,399 |
| Homewood 6 Bedroom Homes for Rent | $4,900 | $4,900 | $4,900 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Top Homes for Rent in Homewood
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Homewood, AL Local Guide
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Cheapest Available Homewood Apartments for Rent
The cheapest available apartment rental in Homewood, AL is a Studio unit found at University Ridge Apartments in the Smithfield neighborhood priced from $625. Pointe Arlington in the West End neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $700. Here is today’s list of the most affordable Homewood apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| University Ridge Apartments | Studio | Studio,1BA | $625 |
| Pointe Arlington | 1/1.00 | 1BR,1BA | $700 |
| Montrose and Montclair | Studio Apartment - Montrose | Studio,1BA | $720 |
| The Cordelle | Studio Apartment, Ground Level, Corner | Studio,1BA | $765 |
| Terrace Apartments | 1 Bedroom 1 Bath - Ground Level | 1BR,1BA | $770 |
| The Hillside Apartments | 1 Bed / 1 Bath | 1BR,1BA | $775 |
| Tivoli | Units 1-4, 6-7, 11-13 1 BR / 1 BTH | 1BR,1BA | $793 |
| The Marshall on 3rd | 4BR/4BA - D1 | 4BR,4BA | $799 |
| DMG Mountainside | Mtn One Bedroom | 1BR,1BA | $806 |
| Kisor Flats | C-D 1 BR / 1 BTH | 1BR,1BA | $808 |
Best Value Apartments for Rent in Homewood, AL
As of March 28, 2026 the best value apartment in the Homewood area is the $1.04 price per square foot C1R Model at Berry Falls Apartments in the in the Brownville neighborhood starting from $1,399. The second greatest value Homewood apartment is the 2x1 [5th Floor] Model at Terrace Court starting at $1,193 with a $0.93 price per square foot in the Smithfield neighborhood. Here is today’s list of the best values for Homewood apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Berry Falls Apartments | C1R | 3BR,2BA | $1.04 |
| Terrace Court | 2x1 [5th Floor] | 2BR,1BA | $0.93 |
| The Pearl at Homewood | Three Bedroom Two Bath | 3BR,2BA | $1.11 |
| Highpointe Apartments | 2x2 | 2BR,2BA | $0.96 |
| Shadesmont Apartments | 2 Bed / 2 Bath | 2BR,2BA | $0.98 |
| Hickory Knoll | 2 Bedroom 1 Bathroom | 2BR,1BA | $1.07 |
| Valley Station Apartment Homes | 2x1A | 2BR,1BA | $1.11 |
| Beacon Pointe Apartments | 2 Bed/2 Bath | 2BR,2BA | $1.06 |
| Cavalier | 1 Bedroom / 1 Bathroom Apartment, Unit 1 | 1BR,1BA | $0.99 |
| Lakeview | 1 Bedroom/ 1 Bathroom | 1BR,1BA | $1.05 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
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Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
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Best Local Schools in Homewood, AL
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Homewood, AL Rentals by Map
See the most popular apartments and homes in Homewood, AL
Frequently Asked Questions about Homewood
What type of rentals are currently available in Homewood?
There are currently 461 Apartments for Rent in Homewood, AL with pricing that ranges from $595 to $14,545. There are also 166 Single Family Homes for rent, Condos, and Townhome rentals currently available in Homewood ranging from $700 to $5,000.
What is the current price range for Rental Homes in Homewood?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Homewood ranges from $700 to $5,000 with an average monthly rent of $2,286.
How much are larger Three and Four Bedroom Rentals in Homewood?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Homewood range from $900 to $3,175, while Three Bedroom Homes, Condos, and Townhomes for rent range from $825 to $4,700. Four Bedroom Single-Family rentals are also available starting from $1,250 and Four Bedroom Apartments start at $799.
Expert Rental Resources
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
Articles, How-To's, and Tips
Birmingham Neighborhood Breakdown: Where to Find the Cheapest Rent Without Sacrificing Livability
Written by: Larry Allen
Hi. Larry Allen here, your ApartmentHomeLiving.com Local Expert for Birmingham, AL.
Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.
18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.
A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.